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Reserve Bank of New Zealand raises benchmark rate by 50 basis points to 1.50 percent.Published On 13 Apr 202213 Apr 2022The Reserve Bank of New Zealand (RBNZ) raised interest rates by a hefty 0.5 percent, or 50 basis points, to 1.50 percent on Wednesday, its fourth hike in a row as the central bank seeks…Continue Reading

Many of the dead were caught in landslides triggered by torrential rain from Tropical Storm Megi.Published On 13 Apr 202213 Apr 2022The death toll from landslides and floods in the Philippines has risen to 58 as rescuers dug up more bodies with their bare hands in villages buried in rain-fuelled landslides. Most of the deaths…Continue Reading

John Lee, who spent decades in the police before joining the political administration and was a key player in Hong Kong’s democracy crackdown, is set to be appointed the city’s top leader following a rubber-stamp election next month. Lee formally submitted his bid on Wednesday after securing enough nominations and is the only candidate in…Continue Reading

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